Three Chimneys Farm owner Robert N. Clay, who earlier dropped the fee for Horse of the Year Point Given from $125,000 to $75,000 for 2003, also announced drops for fellow Three Chimney stallions Rahy and War Chant. The former will go from $100,000 to $80,000, and War Chant's will drop from $75,000 to $60,000.
"While our higher priced stallions--Rahy, Point Given, and War Chant--were fully subscribed in 2002, the market for the higher priced yearlings tells that we need to adjust stud fees at those upper levels," Clay said. "So, we're adjusting."
Clay also announced that Dynaformer's fee will stay at $50,000; Capote's at $30,000; and Silver Charm's at $25,000.
Three Chimneys, located near Midway, Ky., will handle Wild Again a little differently next year. "Wild Again's fee will be listed as 'private' because he will breed to no more than 40 approved mares," Clay said. "In deference to his age (now 22) and fertility of the last two years, we will limit his book and require that mares being bred to him stay at Three Chimneys during their heat cycles so as to be bred at the optimum time."